FieryTrading

🔥 XLM Channel Break Out

Long
BINANCE:XLMUSDT   Stellar / TetherUS
With BTC on the rise, it's time to look at potential long opportunities in the market.
A couple of hours ago, XLM broke out of a bearish channel . This break out could be the signal that a bottom has been found and the direction has shifted from down to up.

When trading alts, keep a close eye on BTC , since they will follow BTC's lead.

Potential long term target would be the 0. 40 area.

Happy trading!
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Comments

I totally agree with your analysis. Thanks for sharing!
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Nice analysis I agree!
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Nice analysis, many thanks. 🔥🔥
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What is your SL recommendation and why?
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Agreed, let’s fly 🚀
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thanks for sharing your great idea
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Very helpful analysis.

Keep up the good work :)
Reply
Great work my friend!
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Good job 👍, thanks for sharing 😊
Reply
Do you set stopp loss under upper support Line or under lower low.
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